Quintessential Innovation for Transformation of the Power Sector
Abstract
The chapter recognizes fundamental aspects of change as crucial barriers that block the critical power sector from adapting to a complex future, such as the Pace Problem (despite relative advances made by utilities in adapting to changes, more aggressive, speedier change outside the industry leaves utilities falling behind, raising consequent risks to long-term stability in this essential industry). This chapter offers a compelling solution that borrows successful best practices from other industries to accelerate adaptation to change. It proposes a framework for Iterative Innovation ...
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